(Image by Flybe’s Twitter)
Flybe is now in a frantic bid trying to avoid collapse with survival on Sunday night.
- The airline has been trying to secure additional financing as it’s losing money.
- The government has been briefed about the possible effects of Flybe collapsing, which includes over 2,000 jobs at risk.
- About a year ago Virgin Atlantic and Stobart Aviation acquired Flybe.
- The plan was to rebrand the airline to “Virgin Connect” in 2020.
Looks like the Virgin Atlantic takeover didn’t go so well…
This would be another huge disaster for the U.K. following the Thomas Cook collapse last year.
Good luck to them.